Home Sweet Home: Top Markets for First-Time Buyers in 2024

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Business

January 14, 2024

By Rajiv

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Top Picks for Millennials: Ideal towns for first-time homebuyers: Grand Rapids, Cheektowaga, Council Bluffs

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Hidden Gems: Benton, Arkansas: affordable, median home price $197,500, 50.2 listings/1,000 households

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Connecticut’s Rising Star: Newington: 9.1% growth forecast, potential returns for first-time buyers

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National Trends Snapshot: National midpoints: 1.7% fall in prices, median home price $382,230

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Youthful Communities: Towns like Irondequoit: 8.2% homeowners aged 25-34, vibrant community

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Commute-Friendly Living: Grand Rapids: average work travel time 21 minutes, convenient for professionals

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Cultural Hotspots: Cheektowaga, New York: 22.6 culture/lifestyle businesses per 1,000 households

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Buying Power in 2024: Market dynamics insights: more buying power for your 2024 dream home

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Diverse Growth Forecasts: Growth forecasts: 3.1% in Benton, Arkansas to 10.4% in Irondequoit

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Realtor.com’s Guidance: Realtor.com aids first-time buyers: price, affordability, inventories, young demographic